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    Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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XRP News: Major Ripple Developments and Global Partnerships Unveiled

Story Highlights
  • XRP surges as SEC acknowledges ETF filings, fueling speculation of a Ripple lawsuit resolution and massive market breakout!

  • Ripple expands globally with major partnerships, rebrands focus on Web3, and boosts XRP adoptionโ€”biggest breakout ahead?

Under new SEC leadership, excitement is building around XRP as crypto exchange bitrue hints at major developments. In a recent post on X, Bitrue urged the community to pay close attention, suggesting that something big is brewing. The message quickly gained traction, sparking speculation about whatโ€™s driving the surge in XRPโ€™s price and market activity. Investors are now eagerly watching for the next big move, as XRP continues to capture attention with a string of major events.ย 

XRP ETF Frenzy Takes Over

One of the biggest drivers behind the excitement is the SECโ€™s unexpected attention to XRP ETF filings. On Thursday, the SEC officially recognized Grayscaleโ€™s XRP ETF application, triggering a strong 12% price rally, making XRP the best performer among the top ten cryptos. The momentum didnโ€™t stop there. The very next day, the SEC acknowledged another XRP ETF filingโ€”this time from 21Sharesโ€”pushing XRPโ€™s weekly gains to an impressive 17%. The market response has been electric, with traders now eyeing the possibility of XRP reclaiming its all-time high of $3. The shift in the SECโ€™s stance is surprising, given its history of rejecting altcoin ETFs. 

Is the Ripple Lawsuit Nearing Its End?

The ETF news has fueled speculation that the SEC might soon settle its long-running lawsuit against Ripple. Many believe that the shift in regulatory behaviorโ€”especially under acting chairman Mark Uyedaโ€”could pave the way for a resolution.

Rippleโ€™s New Look and a Change in Strategy?

In the meanwhile, Ripple has also done some major transformation, rebranding its website to focus on its vision of the โ€œInternet of Value.โ€ The refreshed site highlights its work in cross-border payments, digital asset custody, and stablecoins like Ripple USD (RLUSD). However, one notable change stands outโ€”Ripple has removed all references to Central Bank Digital Currencies (CBDCs). This move is giving positive vibes to the market with changing U.S. regulations on cards. Alongside the rebrand, Ripple has also emphasized its $600 million investment in Web3 and its more than 70 direct investments, shows its commitment to driving the next phase of crypto adoption.

XRP Expands Through Major Partnerships

Ripple is continuing its push for global adoption, forming new partnerships that strengthen XRPโ€™s position in the market. One of the biggest recent moves was its collaboration with Portugalโ€™s largest currency exchange, signaling its expanding footprint in Europe. In Japan, SBI Remit has also expanded its international money transfer services in partnership with SBI Shinsei Bank. The key takeaway here is that SBI Remit is already using XRP for cross-border transactions, highlighting its growing role in the global remittance space. 

Institutional interest in XRP is growing, with Japanese energy company Remixpoint making a major move. The company recently purchased $3.9 million worth of XRP and Dogecoin as part of its expanding crypto reserves. 

While one user said this is just half the things on the horizon. 

With new changes on the cards, XRP could be on track for one of its biggest breakouts yet. The big question now is whether it can ride this wave back to its all-time high and beyond.

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